Dec
7
USD falls slightly, is EUR poised for another fall?
Filed Under Daily FX market news | Comments Off
The Euro appears to have found temporary reprieve over the last few days against the Dollar…read more
Nov
12
EUR weakens
Filed Under Daily FX market news | Comments Off
going into the weekend it looks like Euro weakness could be the main market driver rather than the benefactor of Sterling or USD weakness…read more
Nov
10
GBP under pressure today with inflation data
Filed Under Daily FX market news | Comments Off
Sterling, meanwhile, has lost a little ground against the Dollar in the aftermath of last week’s QE2 announcement from the Fed, on the back of a general dip in risk appetite. The Inflation report this morning could be one of the bigger data releases it has had to face in recent weeks
Nov
4
USD dips
Filed Under Daily FX market news | Comments Off
After a long period of growing anticipation from economists, markets, and a population increasingly concerned that the recovery is stuttering (voiced decisively in the results of the US mid-term elections) the Fed finally fired the restart gun on QE2 after the original round of asset purchasing proved to be a false start of sorts…read more
Nov
2
GBP supported but has early morning decline
Filed Under Daily FX market news | Comments Off
Overnight the Reserve Bank of Australia unexpectedly hiked interest rates by 0.25% to 4.75% giving a boost to the Aussie Dollar…read more
Nov
1
USD under heavy pressure with a big week ahead
Filed Under Daily FX market news | Comments Off
In Europe, central banks in the euro zone and the UK also meet this week. Neither are expected to make any policy changes. In the case of the Bank of England it has been anticipated that it could also announce some further QE measures. However, last week’s better than expected Q3 GDP report has changed that view…read more
Oct
28
USD under pressure but GBP failing to make serious gains
Filed Under Daily FX market news | Comments Off
With UK GDP coming in above expectations in Q3 and speeches from MPC members this week giving little away, views that the Committee may be poised to launch another round of QE at next week’s meeting have receded…read more
Oct
7
USD under pressure, EUR up, GBP up and down
Filed Under Daily FX market news | Comments Off
Trading throughout yesterday and overnight saw various currency pairings test record levels, as markets reacted to various comments from central governments in addition to the usual data releases…read more
Oct
6
Global sentiment is up and USD is down
Filed Under Daily FX market news | Comments Off
The euro saw fresh highs of $1.3870 versus the dollar late yesterday…read more
Oct
5
USD weakens
Filed Under Daily FX market news | Comments Off
As a summation of last week however, the US Dollar weakened against all of the major currencies on Friday…read more